07-22-2014, 10:37 AM
(07-22-2014, 10:34 AM)Roadmap2Retire Wrote: I am starting to look at the defense sector more closely (after kicking myself for not picking up LMT last year when it was at the $125 level).
I feel you. I bought NOC in 2012 in the high $50's, but I only bought one share! My plan was to monitor it over time and add to it. I added again in late 2013 in the $90's.
Here is the article I wrote at that time:
http://seekingalpha.com/article/1722792-...-right-now
Now, at $126/share, I'm not sure I want to add to it here, but my position is so small. It's my only holding in the defense sector, but I like LMT and GD for long-term holding.